Liability Risk and Insurance
$15.6mn awarded against Nestle
Nestle has been ordered to pay $15.6mn by a US jury to a former model whose image was used for years without his permission
on coffee jar labels. The award includes 5% of the profits for the coffee between 1997 to 2003. The company is to appeal the
decision. The man had turned down a settlement offer of $100,000, and the company had turned down an offer from the man to
settle for $8.5mn.